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5 Ways to Turn Accounts Payable into a Cash Flow Engine for Contractors
Cash Flow  is the lifeblood of any construction business. Even the most profitable projects can face crippling financial constraints if cash is not properly managed. The biggest challenge often isn’t generating revenue but keeping working capital flowing. Long payment cycles from clients, coupled with inefficient internal processes, can quickly choke your liquidity and stall growth. But what if we told you that Accounts Payable (Construction AP) the routine task of paying bi
2 hours ago5 min read
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Optimizing Accounts Payable in Construction: Tips for Timely Payments and Discounts
In the fast paced construction industry, managing Accounts Payable (AP) efficiently is crucial for maintaining strong supplier...
Oct 25 min read
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Using Accounts Payable Reports to Manage Retainage and Subcontractor Payments
In construction, effective management of subcontractor and supplier payments can determine the success of a project. Missed payments,...
Sep 235 min read
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Accounts Payable Workflow for Construction Bookkeepers: How to Stay Organized
Construction bookkeeping is more than simply numbers; it is about ensuring that every dollar spent benefits the project's success....
Jan 103 min read
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Accounts Payable Reconciliation: A Step-by-Step Guide
Contractors and construction firm owners must efficiently manage their accounts payable. Whether you're handling vendor bills, tracking...
Jan 73 min read
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Optimize Your Vendor Relationships: Accounts Payable Best Practices
Managing relationships with vendors well is important for any building company that wants to improve its accounts payable processes....
Aug 24, 20245 min read
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5 Tips to Enhance the Accounts Payable Process in Construction
Are you feeling overwhelmed by the constant influx of invoices, payment deadlines, and vendor inquiries in your construction business? If so, you're not alone. Managing the accounts payable process  for a construction company can be a daunting task. But it's crucial for maintaining healthy cash flow and vendor relationships. In this article, we'll explore five proven strategies to streamline your construction accounts payable process. Also, making it more efficient, organiz
May 16, 20245 min read
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Understanding Accounts Receivable vs Accounts Payable in Construction
Here's a comparison table that highlights some key differences between accounts payable and receivable
May 4, 20234 min read
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4 Ways to Improve Construction Accounts Payable Process
As a contractor, we understand you may show no interest in accounts payable, overpaying bills is often the last thing a business owner...
Mar 14, 20224 min read
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Combine Bill.com and QuickBooks Online To Achieve Account Payable Victory in Construction Accounting
It’s no secret that accounts payable can be one of the biggest pain points in the construction business. Not only is the A/P workflow...
Jul 20, 20203 min read
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Negative Liability on Balance Sheet in Construction Accounting
A Balance Sheet gives you a financial snapshot of the construction company as of the specific date. It calculates how much the company...
Jul 8, 20202 min read
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Accounts Payable (AP) Process in Construction Accounting
Managing Accounts Payable (AP) in a construction company is a vital part of maintaining the company’s financial health and ensuring...
Jun 1, 20203 min read
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